How about the concept of negligence? The simple fact that shoddy construction is completely avoidable if the builder is at all diligent about providing their customers with a good product.
Contrary to some popular belief, the purpose of insurance is not to keep poorly managed and run companies in business (which would be the biggest disservice to consumers) but to protect good businesses from unforeseen and unpreventable losses. There’s a huge difference between the two.
There seems to be a misunderstanding. We are not the enemy.
We are trying to help and educate the public from personal experience and much study.
Please read my testimony to congress they invited me and accepted what I said under oath.
Google my name for a better understanding of the issues.
Go to HADD or HOBB to get an idea of the magnitude of these problems.
Consumers who do not read and become informed will find themslves, or their loved ones, victimized and at the mercy of big business in one way or another. Then and only then can you see what perilous times we are living in…and perhaps help help us to save others from what we have endured.If you have any questions I would be happy to try to answer them. My email adress is Jfogal281@aol.com
As full time environmental insurance geeks we run across many types property & casualty policies. It is important for us to understand them because all environmental policies are gap fillers for standard GL and property insurance policies.
The problem that exists is greater on newer buildings than older ones and from what we’ve seen, most of the big mold loses are from design flaws and construction defects as you point out in the article; these take months or years to develop and to be discovered.
A properly constructed EIL based policy that responds to the discovery of a pollutant regardless of it cause is a superior approach to Peril based coverage triggers. All environmental policies are built on this coverage trigger. You can buy a time element pollution event trigger policy but without any reference to perils.
The EIL polices also fill the gaps caused by pollution and mold exclusion in GL policies. Those exclusions are more onerous than the property versions as was pointed out.
Call an expert and work with them to design a properly executed pollution policy!
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I want some of whatever Cindy and Jordan are smoking!
“What am I missing?” Sharon Kramer
How about the concept of negligence? The simple fact that shoddy construction is completely avoidable if the builder is at all diligent about providing their customers with a good product.
Contrary to some popular belief, the purpose of insurance is not to keep poorly managed and run companies in business (which would be the biggest disservice to consumers) but to protect good businesses from unforeseen and unpreventable losses. There’s a huge difference between the two.
There seems to be a misunderstanding. We are not the enemy.
We are trying to help and educate the public from personal experience and much study.
Please read my testimony to congress they invited me and accepted what I said under oath.
Google my name for a better understanding of the issues.
Go to HADD or HOBB to get an idea of the magnitude of these problems.
Consumers who do not read and become informed will find themslves, or their loved ones, victimized and at the mercy of big business in one way or another. Then and only then can you see what perilous times we are living in…and perhaps help help us to save others from what we have endured.If you have any questions I would be happy to try to answer them. My email adress is Jfogal281@aol.com
As full time environmental insurance geeks we run across many types property & casualty policies. It is important for us to understand them because all environmental policies are gap fillers for standard GL and property insurance policies.
The problem that exists is greater on newer buildings than older ones and from what we’ve seen, most of the big mold loses are from design flaws and construction defects as you point out in the article; these take months or years to develop and to be discovered.
A properly constructed EIL based policy that responds to the discovery of a pollutant regardless of it cause is a superior approach to Peril based coverage triggers. All environmental policies are built on this coverage trigger. You can buy a time element pollution event trigger policy but without any reference to perils.
The EIL polices also fill the gaps caused by pollution and mold exclusion in GL policies. Those exclusions are more onerous than the property versions as was pointed out.
Call an expert and work with them to design a properly executed pollution policy!